Tenable Holdings Inc
NASDAQ:TENB

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Tenable Holdings Inc
NASDAQ:TENB
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Price: 21.23 USD 1.63% Market Closed
Market Cap: $2.4B

P/FCFE

10.4
Current
69%
Cheaper
vs 3-y average of 33.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
10.4
=
Market Cap
$2.4B
/
Free Cash Flow to Equity
$246.4m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
10.4
=
Market Cap
$2.4B
/
Free Cash Flow to Equity
$246.4m

Valuation Scenarios

Tenable Holdings Inc is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (33.4), the stock would be worth $68.38 (222% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+222%
Average Upside
170%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 10.4 $21.23
0%
3-Year Average 33.4 $68.38
+222%
5-Year Average 33.4 $68.38
+222%
Industry Average 23.2 $47.52
+124%
Country Average 21.9 $44.76
+111%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
US
Tenable Holdings Inc
NASDAQ:TENB
2.5B USD 10.4 -70.8
US
Microsoft Corp
NASDAQ:MSFT
3.1T USD 44 24.6
US
Oracle Corp
NYSE:ORCL
494B USD 30.7 30.5
US
Palo Alto Networks Inc
NASDAQ:PANW
147.8B USD 42 99.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
115.4B USD 95.2 -710.4
US
ServiceNow Inc
NYSE:NOW
94.5B USD 20.4 53.8
US
VMware Inc
XETRA:BZF1
58B EUR 18.6 47.9
US
Fortinet Inc
NASDAQ:FTNT
64.1B USD 28.8 34.6
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 869.5 491.7
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
382.1B HKD -269.9 -70.8
CN
MiniMax Group Inc
HKEX:100
217.8B HKD 54.3 -14.8
P/E Multiple
Earnings Growth PEG
US
Tenable Holdings Inc
NASDAQ:TENB
Average P/E: 111.8
Negative Multiple: -70.8
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
24.6
18%
1.4
US
Oracle Corp
NYSE:ORCL
30.5
37%
0.8
US
Palo Alto Networks Inc
NASDAQ:PANW
99.3
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -710.4 N/A N/A
US
ServiceNow Inc
NYSE:NOW
53.8
54%
1
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
34.6
15%
2.3
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -70.8 N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -14.8 N/A N/A

Market Distribution

Lower than 78% of companies in the United States of America
Percentile
22st
Based on 7 576 companies
22st percentile
10.4
Low
0 — 13.1
Typical Range
13.1 — 36.5
High
36.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.1
Median 21.9
70th Percentile 36.5
Max 3 188 432.5

Tenable Holdings Inc
Glance View

In the sprawling landscape of cybersecurity, Tenable Holdings Inc. has carved out a significant niche, driven by the increasing complexity of digital networks and the relentless rise of cyber threats. Founded in 2002, the company focuses on vulnerability management, offering its clients insights into where their digital infrastructures might be at risk. This becomes critical as organizations rely heavily on interconnected systems, from cloud applications to on-premise servers, and everything in between. Tenable's flagship product, Nessus, has become synonymous with vulnerability scanning, enabling businesses to proactively identify and mitigate security risks before malicious actors can exploit them. Tenable generates revenue through a subscription-based model, catering to enterprises of all sizes with a flexible, scalable approach. By offering both on-premises and cloud-based solutions, Tenable ensures that its services adapt to the evolving needs of its customers. The company has expanded its product portfolio beyond Nessus with offerings like Tenable.io and Tenable.sc, which provide wider capabilities such as continuous visibility and predictive prioritization. This suite not only helps in maintaining compliance and governance standards but also supports proactive risk management. Tenable's business model thrives on the increasing regulatory scrutiny and the growing awareness among businesses of the importance of comprehensive cybersecurity practices, making its solutions indispensable in the current digital era.

TENB Intrinsic Value
35.99 USD
Undervaluation 41%
Intrinsic Value
Price $21.23
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